GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

MAY 12, 2016

Business practices have become synonymous with the application and collection of data for continuous improvement. Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization.

Metrics 120

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

Enchange Supply Chain Consultancy

JULY 3, 2024

This phase focuses on ensuring a smooth implementation, ongoing support, and continuous improvement. Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Encourage continuous learning and improvement.

Inventory Reduction 204

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 204

ToolsGroup

MAY 15, 2024

Navigating Uncertainty Mitigating Risks Enhancing Customer Satisfaction Empowering Leadership Driving Continuous Improvement Navigating Uncertainty Uncertainty has become a constant in the modern business environment.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

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. What’s more, because an SVS approach only accounts for one metric at a time, a host of other equally if not more important metrics are bypassed, leaving you largely in the dark. Ad infinitum.

Supply Chain Design Software 234

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 234

synchrono

AUGUST 22, 2016

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Focus on what you can take action on to improve. The post Modern Metrics appeared first on Synchrono.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

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

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

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

Logistics Viewpoints

OCTOBER 23, 2024

This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. Monitor and Optimize Continuous monitoring of the DPP system’s performance is necessary to ensure its effectiveness over time.

Resource Reduction 244

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 244

Logility

AUGUST 14, 2023

The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project. Setting goals without understanding what data is available and required risks sending the project and its metrics off course. Some organizations will want to focus on improved forecasting.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 199

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Functional Intitiatives Without Clarity on Supply Chain Strategy.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ToolsGroup

MAY 7, 2024

Continuous Improvement : Decision-centric planning is not a one-time effort but rather a continuous process of learning and improvement. By soliciting feedback, analyzing performance metrics and adapting strategies accordingly, organizations can drive ongoing success in their supply chain operations.

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 177

Logility

SEPTEMBER 12, 2024

A dynamic platform that adapts to the evolving needs of the business, the cloud offers the flexibility and scalability to support continuous improvement and operational excellence. Cultivated expertise: Develop a culture of continuous learning and technological proficiency across the organization.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 196

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Tompkins Blog

JANUARY 13, 2014

These skills vary, including obtaining benchmark metrics with best in class operations and/or key competitors. They can also require identifying the right processes, practices, and enabling technologies that should be analyzed to identify areas where high value improvements are possible. Article Supply Chain Supply Chain Assessment'

Continuous Improvement 45

Continuous Improvement Pharmaceutical Supply Chain Design Software Supply Chain Strategy 45

Synovos

OCTOBER 30, 2023

It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings. Inventory Reduction This metric is defined as a reduction in the total value of inventory listed in a single storage location. That is exactly what we did.”

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. Integrating data does not align an organization motivated by functional metrics. My goal is to drive change. Digital Brain.

Supply Chain Planning Software 318

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 318

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Logistics Viewpoints

JUNE 22, 2023

It is a crucial metric that reflects the supply chain’s contribution to the customer experience, impacting brands, wholesalers, retailers, manufacturers, and distributors, both online and offline. How to measure OTIF: OTIF measurements pose challenges for organizations regardless of their type or industry.

Supply Chain Software 210

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 210

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 98

QAD

JULY 23, 2020

Improving the Quality of Products Sold by a Business. When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Review and Continue the Process.

Benchmarking 145

Benchmarking Metrics Manufacturing Six Sigma 145

QAD

JULY 23, 2020

Improving the Quality of Products Sold by a Business. When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Review and Continue the Process.

Benchmarking 144

Benchmarking Metrics Manufacturing Six Sigma 144

The Logistics of Logistics

FEBRUARY 15, 2013

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Habit 6 – Continuous Improvement.

KPI 190

KPI Logistics Network Optimization Software 3PL Continuous Improvement 190

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

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. They help identify opportunities for workforce optimisation and skill development.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Veridian Solutions

SEPTEMBER 17, 2014

Metrics, sometimes referred to as key performance indicators (KPls), data, insights, or analytics, provide a glimpse into the universe of your warehouse management system (WMS) and operation. Tracking the right warehouse metrics is comparable to using binoculars to gain insight into your processes.

Metrics 40

Metrics Warehousing Supply Chain Analytics Software 40

SCMDOJO

MARCH 19, 2024

Furthermore, They are tasked with developing strategies, managing relationships with suppliers and partners, and continuously improving the supply chain. Analyze performance metrics and implement improvements to enhance efficiency. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

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

SCMDOJO

OCTOBER 7, 2024

In addition, management commitment, and continuous improvement that includes process optimization, digitalization, supplier negotiation, and customer feedback can reap the rewards. Analyze data on Key Metrics Data-driven solutions can be an innovator to increase cost efficiency rapidly.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Cost Reduction Strategies Optimal Sourcing 52

QAD

APRIL 13, 2023

In addition, the continued existence of product quality issues may point to increased complexities in the supply chain, limited innovation in manufacturing, inadequate adoption of modern manufacturing technologies and robust quality management systems.

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

Kanban Logistics

OCTOBER 31, 2023

Two areas that should be of interest are continuous improvement and KPI management. Continuous improvement For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place. Each metric must also have a goal which denotes success (e.g.,

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 190