Supply Chain Shaman

MARCH 21, 2024

Lack of aligned metrics. Education and leadership. In my class on this week, the question on “Why do Supply Chain Centers of Excellence Fail?” The top reasons were: Distant and self-serving. As the organization evolves, they Lose focus on serving internal customers. Lack of executive buy-in. Hard to measure the value of the COE.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Shaman

DECEMBER 28, 2020

Educate all of the Georges of the world by getting good at modeling and build asset and inventory strategies based on both bias and error. Use data and new metrics systems to free the organization from the ball and chain of corporate politics. ” Start by defining the words forecast and bias. Help Me Improve Customer Service.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

MAY 1, 2023

Educate on the importance of designing flows and aligning metrics. Move from functional metrics to a balanced scorecard. Groups are attempting to align product mix and define capacity requirements. In the process, take these steps: Measure demand and supply variability and use it in the design of flow. I hope this helps.

Inventory Reduction 251

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 251

Supply Chain Brain

FEBRUARY 23, 2018

Which raises the question: Is our education system doing enough to get students ready for this new world of work? She joins us on this episode to discuss how the educational system – college, high school and even elementary grades – must change to meet the requirements of the gig economy.

Education 40

Education Supply Chain Planning Software Optimization Software Meeting 40

ivalua

MARCH 31, 2023

The Best Global Company Culture award measures how workers from large companies with a global footprint rate their overall workplace experiences in 16 different metrics (compensation, leadership, co-workers, work-life balance, career growth, perks & benefits, etc).

Supply Chain Software 130

Supply Chain Software Metrics Global Education 130

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Continually use simulation and inventory optimization techiques to educate your financial teams. In times of uncertainty, cash is king. Push to stop this behavior.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

The Network Effect

NOVEMBER 2, 2014

Assuming excellence in customer responsiveness is a given, in order to achieve excellence in operating performance all employees should have a solid education and understanding as to how their roles and responsibilities contribute to their supply network outcomes in addition to their budget or financial performance.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 184

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. These discussions will also educate the executive team. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Kinaxis

DECEMBER 12, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, when you look at the background of many supply chain planning workers, you’ll find a huge variation in education and experience. These are the folks you want to do everything in your power to give them the education they need.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Supply Chain Shaman

DECEMBER 15, 2015

For each metric we show the averages and the percent change from the beginning and end of the period. Metric Performance for Discrete Industries. 5) Educate the executive team. Tonight I am writing the Supply Chain Metrics That Matter report on the High-Tech Industry, and the Research in Review for 2015.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Supply Chain Shaman

DECEMBER 15, 2015

For each metric was show the averages and the percent change from the beginning and end of the period. Table 1: Metric Performance for Discrete Industries. 5) Educate the executive team. Tonight, I am writing the Supply Chain Metrics That Matter Report on the High-tech Industry and the Research in Review for 2015.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Silvon Software

JANUARY 25, 2023

Salespeople have personal interest in their metrics, so it’s helpful if the forecasting software calculates the forecasting KPIs to make it easy for them to see where they stand. Forecast-accuracy metrics are often not included in sales KPIs, but if your company is serious about demand planning, then they should be.

Supply and Demand 115

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 115

The Logistics of Logistics

NOVEMBER 5, 2021

Founder, The Ride Share Guy An expert in ridesharing, Harry educates drivers that work for companies such as Lyft and Uber, by providing news, insight and advice. Harry Campbell. Chris Caplice. Cassandra Gaines. MadGainesLive. Ed Garsten.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

Logistics Viewpoints

NOVEMBER 10, 2014

The perfect order metric (POM) is one of the most critical metrics in fulfillment. The Warehouse Education and Research Council’s (WERC) definition of the perfect order metric is that a perfect order is delivered: Complete; On time; Damage free; And, with the correct documentation and invoicing. Just for Fun'

Metrics 197

Metrics Education Just-in-Time Research 197

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

There are many strategies organizations use prior to implementing the process and as a working, educated leader in SIOP who has assisted in pioneering the process in an organization, I have found the best methods, or steps to take is to ensure the following: Have a clear vision and focus, accepting adaptability and shared accountability.

Supply and Demand 246

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

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. With an integrated warehouse management system, metrics can help to show if marshalling is causing a bottleneck in terms of dispatch. However, when warehouse operations grow beyond a certain point, marshalling will be needed.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

Logility

MAY 18, 2020

When you define the outcomes you’re hoping to predict, whether it’s sales, equipment repairs, email sign-ups, or some other metric, you’re better able to understand the metrics that will get you to that point. Think of predictive analytics as making ever more educated guesses based on the data you have. Conclusions.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

Logility

NOVEMBER 30, 2020

Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. Envision the “To-Be” process capabilities and desired performance metrics through benchmarking, group brain storming sessions, and alignment to business strategy and direction.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Talking Logistics

OCTOBER 12, 2014

In this first episode of an educational series focused on the link between transportation management and supply chain excellence, Chris Timmer from LeanLogistics outlines the attributes of a strong transportation management foundation and how to build it. How to leverage the right metrics and carrier scorecards to manage performance.

Transportation Management 185

Transportation Management Transportation Supply Chain Strategy Education 185

GlobalTranz

DECEMBER 11, 2018

The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage. Download E-Book. Download E-Book.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Innovation Real Estate Resource Reduction 137

SYSPRO Smarter ERP

NOVEMBER 22, 2021

At this point you should also start educating stakeholders within your business on how it will be used and how it will impact their workflows. To figure that out you will need to establish key areas of improvement and attach milestones and metrics to those areas that can be measured along the way.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Analytics Software Vendor Strategies 111

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 2 – Measure Logistics Performance.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Supply Chain Shaman

MAY 22, 2013

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The intent was good.

Gartner 254

Gartner Pharmaceutical Supply Chain Chemicals 254

ToolsGroup

MAY 4, 2020

Along with its AI-driven demand forecasting and inventory planning software, ToolsGroup has introduced new customer support offerings for COVID-19 planning as well as educational resources including the ebook “ COVID-19 Risk: Enable Swift and Efficient Response to Supply Chain Disruptions.” Companies Share COVID-19 Response.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

SCMDOJO

MAY 15, 2024

By developing accurate and comprehensive supply chain models, project teams can simulate various scenarios and assess the potential impact of different strategies on key performance metrics. Scenarios [5-10%] Utilizing the digital twin of the supply chain, run various scenarios to gain insights and test project objectives.

Optimal Sourcing 66

Optimal Sourcing Network Design Software Supply Chain Design Software Modeling 66

The Logistics of Logistics

AUGUST 17, 2022

Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. Benefits include improved quality, reduced training time and training resource costs, increased speed to efficiency, and an overall improvement in the key metrics that matter most to clients.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 192

Proxima

AUGUST 9, 2023

Educating around and communicating the required criteria makes embedding social value as efficient, transparent, and impactful a process as possible. Putting sufficient tools, guidance, and training in place to educate suppliers on what you need will maximise the impact and reach of your social value programme.

Procurement 52

Procurement Resource Reduction Supply Chain Design Software How To 52

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. Education and Training: Your workforce and other stakeholders must be comprehensively trained and familiarized with AI tools. 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 Game Changer

AUGUST 30, 2021

Students getting an education at college often have to write review papers. Various supply chain topics, such as financial metric analysis and strategy-driven scorecards, are covered using real real-life examples and case studies serve to illustrate how strategies affect the supply chain and financial performance.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Locus

NOVEMBER 28, 2023

It is vital that shippers optimize the below metric to success in their overall growth. Customer Education and Support: Educating customers about products and providing comprehensive support can mitigate misunderstandings and reduce unnecessary returns. Better product handling should be done to reduce this issue.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Enterra Insights

MAY 10, 2019

” He adds, “It’s clear that so-called ‘non-cognitive’ or ‘soft skills’ are really important but it’s also clear, according to new school guru Andy Calkins that ‘On every metric that counts — clarity, accuracy, purposefulness, and impact — both of these terms stink.’” Footnotes. [1] 2] Charles A.

Buyer Training 100

Buyer Training Education Demand Planning Software Journal 100

Supply Chain Game Changer

SEPTEMBER 28, 2022

The website’s metrics will show which solution is effective and which doesn’t work, informing further redesign efforts. Include the following parameters in your user profiles: Age Gender Geographical location Educational level Socio-economic status User problems and pain points Preferred online channels Products and services they use.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Supply Chain Shaman

JULY 9, 2013

This research was the backbone of the Supply Chain Metrics that Matter series of reports. Instead, they have measured functional metrics or focused on projects. I believe that customer service is a critical metric and a key element of managing a complex supply chain system. The association requires some education.

Supply Chain Software 207

Supply Chain Software Supply Chain Modeling Modeling Software 207

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. Help to educate the sales force and consider modifying sales incentives for the first three quarters to let the shipments even out to a pull-based signal. The book is now a very worn manuscript. What do you do about it?

Supply and Demand 284

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 284

Unleashed

MAY 7, 2024

From a social aspect, businesses are also encouraged to partner with nonprofit organisations, educate their employees about sustainability, promote volunteerism, and measure the impact of their sustainable practices. Balancing the three sustainability balance sheets. A proactive approach to solving the world’s sustainability problems.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. This is designed to educate their value chain partners about their renewable electricity choices and quicken the transition to renewable electricity through aggregate power purchase agreements (PPAs). PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Logility

DECEMBER 2, 2020

The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. Younger generations who have grown up with the threat of global warming, holes in the ozone layer, greenhouse gasses, etc. have a much different focus on what it means to be eco-friendly.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133