GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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. Today, several factors make it hard to wrestle truth from opinion: Event Models with a Focus on Sponsorship. Most events are designed to help technologists generate leads.

Gartner 287

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 287

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Shaman

JANUARY 9, 2024

The industry is awash with ex-execs advising companies, speaking at events, and consulting. Yet, you will find the past executives from Sanofi speak openly on event stages about their journey on supply chain excellence as winning performance. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Alloy

FEBRUARY 11, 2021

It’s still a tall task, but cross-functional analytics can help align teams both leading up to and during high-stakes events. Forecasting and preparation for business critical events. Model event forecasts based on similar historical events . You can then apply the relevant event lift to your POS baseline.

Forecasting 52

Forecasting Alloy Negotiating Skills Buyer Training 52

ToolsGroup

MAY 21, 2024

Provide Ongoing Support : Change is a continuous process, not a one-time event. Aligning Performance Metrics : Adjust performance metrics to reflect the principles of decision-centric planning. Highlight Quick Wins : Demonstrate the effectiveness of decision-centric planning through quick wins and early successes.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

CHAINalytics

MAY 1, 2023

Leaders must often contend with disruptions driven by internal value chain failures and market events. The ongoing pandemic, global and regional conflicts, and economic turbulence are just a few pervasive supply chain risks impacting critical customer, operational, and business metrics.

Just-in-Time 148

Just-in-Time Supply Chain Planning Supply Chain Metrics 148

Logility

JULY 31, 2024

While sales may be primarily focused on company promotions, events, and new customers, finance would be more concerned with budgets, targets, and economic factors. Create new events as needed and make necessary overrides to history or forecasts. Check impact of updated / new events. Resolve new training opportunities.

Supply and Demand 187

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 187

Supply Chain Shaman

JULY 19, 2020

The idiom, rearranging the deck chairs on the Titanic, symbolizes working on something pointless or insignificant because it will soon be overtaken by events. The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. Stop the Focus on Functional Metrics. Tom Peters.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). A focus on functional metrics throws the supply chain out of balance.)

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

Enchange Supply Chain Consultancy

JULY 3, 2024

Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Track metrics such as sales volume, market share, inventory levels, and customer satisfaction. Make sure that you monitor this and measure performance against agreed targets. They just won’t.

Inventory Reduction 204

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

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

The Logistics of Logistics

NOVEMBER 5, 2024

Timestamps (00:00:04) A Trillion Dollars in Freight Transactions (00:00:16) Guest Background (00:00:50) DAT Freight Marketplace (00:01:36) DAT Analytics for Brokers and Carriers (00:06:31) Economies of Scale for Shippers (00:09:17) FedEx Exec on Logistics Puzzle (00:11:59) Industry Partnerships (00:16:41) Trillion Dollars in Freight Transactions (00:20:32) (..)

Optimal Sourcing 205

Optimal Sourcing Freight Analytics Software Forecasting 205

Logility

JULY 31, 2024

While sales may be primarily focused on company promotions, events, and new customers, finance would be more concerned with budgets, targets, and economic factors. Create new events as needed and make necessary overrides to history or forecasts. Check impact of updated / new events. Resolve new training opportunities.

Supply and Demand 169

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 169

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. The event is designed for extreme networking. The event has no sponsorships and no technologist or consultant sales teams.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

SEPTEMBER 28, 2022

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. Companies driven by functional metrics struggled: they could not adapt quickly to the higher transportation costs.). Conclusion.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

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

FEBRUARY 18, 2021

Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service. What are functional metrics?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

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. Celebrating Success. Target Setting. What is different?

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

Logistics Viewpoints

OCTOBER 4, 2021

They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. These extreme error events “are the supply chain equivalent of the highway washout or bridge closure.” During the pandemic, extreme error events rose to 38%.

Inventory Reduction 250

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 250

ivalua

JUNE 26, 2023

In our recap, we’ll dive into the key takeaways from the event and what they mean for the industry. The symposium emphasized the importance of data management to track ESG metrics and ensure compliance with regulations. We hope you had a fantastic time and look forward to hosting more events and expert panels throughout the year.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Shaman

APRIL 9, 2021

Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. We are taking the risk that everyone can get COVID shots to enable an in-person event in September. Mistake #3.

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Reducing cycles is essential for products like vaccines, agriculture, seasonal products, and events. Educate on the importance of designing flows and aligning metrics. Responsive.

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

DELMIA Quintiq

JULY 25, 2022

Companies need to have a plan to deal with the key challenges they face today: Lack of supply chain resilience A reliance on extended value networks Disruption as a constant, not an event Lack of visibility across supply, demand and network partners. New KPI’s are also being prioritized, including sustainability metrics.

Modeling 156

Modeling Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 156

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. market data, weather forecasts, geopolitical factors, events), and IoT devices (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).

Optimal Sourcing 269

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 269

DELMIA Quintiq

MARCH 30, 2023

MCT connects all stakeholders for timely and more effective communication, and supplying real-time data and metrics enables data analysis for manufacturing and operations, empowering teams to make critical decisions faster and more accurately.

Manufacturing 156

Manufacturing Real-time Visibility Industrial Supply Chain Planning Software 156

TMC

NOVEMBER 18, 2015

It can be practically zero—as is the case with earthquakes and fires—or even negative, when a disruption is detected after the event. However, the number of extreme events appears to be on the rise, and companies are becoming more sophisticated weather watchers. Watching the weather is one option.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software 67

ToolsGroup

MAY 7, 2024

Decision-centric planning enables organizations to respond swiftly to market shifts, disruptions and unforeseen events. 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

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Logility

AUGUST 25, 2020

Each of these events was completely devastating to the company concerned. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. SCOR Level 1 Metrics are good examples of measures that have longer-ranging focus. The common thread? SCOR Attribute.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

ToolsGroup

SEPTEMBER 17, 2019

Demand can shift over time to trend higher or lower based on other items, markets, and media events. Aggregate demand has the noise of causal events. Other causal factors are such things as media events that might focus attention on a specific product or category. . One example is weather.

Supply and Demand 159

Supply and Demand Demand Planning Software Forecasting Forecasting Software 159

Logility

MARCH 14, 2023

Predictive analytics encompasses a variety of statistical techniques from predictive modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future or otherwise unknown events. The sabermetrician focused on a new metric: On Base Percentage (OBP).

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 130

Logility

MARCH 4, 2021

Last Year’s Black Swan Event Felt Like a Flock of Black Swans. It took a Black Swan event and the resulting unprecedented demand roller coaster to provide the urgency needed for an invitation to the top floor. Supply chain professionals are wrestling with many questions as we emerge from the year of the pandemic. Never waste a crisis.

Demand Planning Software 217

Demand Planning Software Supply and Demand Modeling Supply Chain Design Software 217

QAD

OCTOBER 25, 2023

In demand planning, it’s crucial that you’re all working with the same data sets and metrics when making your plans. If your sales team is working off a different metric, you’ll run into issues in production when your demand plan doesn’t register these potential sales. Autonomous planning requires timely data input (i.e.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

TransAudit

MAY 14, 2024

The Importance of Metrics in Supply Chain Resilience A crucial differentiator in managing supply chain disruptions effectively is the use of clear metrics to measure response effectiveness. The Deloitte Global Survey of over 1,000 supply chain executives found that those employing clear response metrics were 3.4

Supply Chain Disruption 81

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Cost Reduction Strategies 81

QAD

MAY 23, 2024

This entails a thorough analysis of historical data, taking into account product life cycles, and adjusting for outliers or one-off events. Second, the addition of financial metrics into the process which now gives us IBP. By merging operational metrics with financial metrics, businesses gain a holistic view of their operations.

Beverage 91

Beverage Scenario Planning Supply Chain Planning Software Food 91