GlobalTranz

MAY 12, 2016

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. However, most of today’s data goes unused and represents a lost opportunity to the company.

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

Logistics Viewpoints

MARCH 20, 2024

It provides customers with auditable data, sustainable achievement metrics, such as energy efficiency, and useful information that can be used for product comparison. The profile is a two-page document that includes the sustainability achievements and capabilities of the product, which allows total transparency to the customers.

Sustainability 312

Sustainability Industry Industrial Resource Reduction 312

Supply Chain Shaman

SEPTEMBER 9, 2014

They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons. We find that companies will establish metric targets in isolation and throw the supply chain out of balance. How did you define peer groups?

Pharmaceutical 276

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 276

Supply Chain Shaman

JANUARY 9, 2024

However, the key part of this comparison is the fact that Sanofi never drove improvement. The group’s response is, “Are these supply chain metrics?” The sad reality is that is a focus on functional metrics throws the supply chain out-of-balance reducing balance sheet performance.

Supply Chain Planning Software 310

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 310

Supply Chain Shaman

JULY 22, 2019

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. Comparison To The Gartner Top 25.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 257

Supply Chain Shaman

JUNE 24, 2022

One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 387

Logistics Viewpoints

DECEMBER 15, 2022

Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit. Comparison of these profiles then gives us store clusters with similar demand, and based on these insights, assortment plans can be developed to address the difference.

Optimal Sourcing 264

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 264

Logistics Viewpoints

FEBRUARY 15, 2023

We approached the topic from the perspective of importance in comparison to other objectives and change in importance over time.

Supply Chain Planning 295

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 295

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. Gartner Comparison to the Industry Peer Group For more on the methodology, check out the powerpoint summary online. We talk about complexity, but do not measure the impact on forecastability.

Gartner 299

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 299

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Supply Chain Design.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 308

Supply Chain Shaman

MARCH 27, 2023

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. Integrating data does not align an organization motivated by functional metrics. Digital Brain.

Supply Chain Planning Software 332

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 332

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. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84

Supply Chain Planning Software 214

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

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

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 270

Case Study Inventory Reduction Study Agile and Lean Supply Chain 270

Supply Chain Shaman

JUNE 7, 2021

I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. In Table 1, I share a comparison of the two methods.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

Supply Chain Shaman

FEBRUARY 26, 2024

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. Model Comparisons Ship from model: A ship-to model: Another example of bi-directional orchestration is meat packing.

Modeling 212

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 212

Supply Chain Shaman

APRIL 14, 2013

To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. This analysis has been fun and insightful. Publication of our next book.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Supply Chain Insights

SEPTEMBER 9, 2014

They had to be publicly traded, we had to have a nearly complete data set for the years studied, and they had to have a peer group of at least six companies to be able to draw the comparisons. We eliminated several large conglomerates. As a result, you will not find 3M or GE in the data. As a result, you will not find 3M or GE in the data.

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” You need to explore the metric relationships to see the full story. Reviewing the metrics simultaneously helps identify potential cause-and-effect relationships.

Global 163

Global Scenario Planning Metrics Benchmarking 163

Supply Chain Shaman

JULY 3, 2015

Growth 10% (Year-over-Year comparison of 2013 versus 2014). Opinion makes up 50% of the rating; and in the ranking system, company comparisons are against each other with little consideration of industry drivers. Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Why Do I Think This? .

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Supply Chain Shaman

OCTOBER 29, 2014

Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning. In addition, I am now done with the page proofs for my new book, Metrics that Matter. The board has not set-up the team for success. The book is a story.

Supply Chain Planning Software 320

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 320

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. They do not have a peer group for comparison. We do not include them in the analysis because there is no peer group comparison. This year-over-year comparison, enables visualization of performance on two metrics.

Sourcing Strategies 153

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Metrics 153

Supply Chain Shaman

JUNE 13, 2017

The first number in a cell represents the average value for a specific industry for 2010-2016, and the percentage on the second line is a comparison of the average for 2010 when compared to 2016. If the arrow is red, the industry is moving backwards on a metric. Companies, based on culture, tend to focus on singular metrics.

Supply Chain Planning Software 0

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

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. Some also lacked advanced analytics and optimization capabilities. .

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

ToolsGroup

NOVEMBER 27, 2018

According to Ben, who oversees Chainalytics’s Integrated Demand and Supply Planning practice (which includes their Demand Planning Intelligence Consortium), many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals. Second, where should you focus?

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. In part one of this blog series, I started the saga of the supply chain fairy tale. You got it! It is a low probability that this will ever happen.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. By comparison, 85 percent of orders are accomplished in one delivery for those at the 75th percentile.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Bureau

JULY 18, 2017

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 60

Benchmarking Supply and Demand Metrics Warehousing 60

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? Gathering the necessary data to formulate an accurate comparison between previous results and those provided by machine learning is an excellent way to establish confidence in your results.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Shaman

APRIL 26, 2013

As a follow-up to this article, I wanted to talk one-on-one with the leadership teams of the two companies and get their insights on the ten-year comparison. We manage supply chain metrics. Recently, I wrote a blog post that contrasted Colgate and Unilever. Tell me about your job as a leader at Colgate. This is a conscious choice.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 263

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

The answer is yes, there is a difference between the two although trivial in comparison. In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Logistics Viewpoints

DECEMBER 1, 2022

Container Import Volume Year-over-Year Comparison. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Figure 1: U.S. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Somewhat nailed it.

Predictive Analytics Software 301

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 301

Logility

NOVEMBER 30, 2020

Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. This will lay the foundation for any future performance comparison and provide the starting point to develop benefits for transformation.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 178

Supply Chain Shaman

MAY 1, 2014

Note that in this comparison of the top three medical device companies in Figure 1, that Zimmer is substantially underperforming against the other two, and that all three companies are going backwards in operating margin. To be sure that you get our research through the summer, please sign up for our newsletter.

Supply Chain Planning Software 292

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 292