QAD

JULY 1, 2021

Examples of firm overhead: The cost of keeping your equipment running (maintenance, water, electricity, etc.). For example, you may identify that you could trim direct materials costs by substituting a high-cost material or supplier for a more affordable one that does the job just as well. Equipment depreciation.

Manufacturing Procurement 97

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 97

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? This research, completed in 2006, was during the transformation of multi-national to global supply chains. For example, in the research, I found maturity in Cadbury, DuPont, and Gilette processes. In assessing the health of the plan, what do you measure?

S&OP 352

S&OP Supply and Demand Inventory Reduction Expense Reduction 352

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. Error is error, but is it the most important metric? What Drives Value?

Procurement Analytics 350

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 350

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

JULY 19, 2020

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. The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics.

Supply Chain Design Software 417

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

Clear Spider

OCTOBER 26, 2022

Now, VMI is the inventory management method of choice for global industry giants like Grainger , EIS Inc , Walmart , and Amazon. As a result, vendors use better demand forecasting to meet inventory goals, while customers focus on improving other metrics like customer service and brand loyalty. The Problem with Sales Data.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Enchange Supply Chain Consultancy

JULY 3, 2024

If you don’t, you risk choosing the wrong distributor partner and, for example, the market entry fails to meet expectations. Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Work globally, with our local experts.

Inventory Reduction 208

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 208

Supply Chain Shaman

JULY 25, 2021

As supply chains moved from regional to global, intransit and cycle inventories increased. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. For example, an organization shall never be efficient, agile, and responsive.

Procurement Analytics 370

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

Supply Chain Shaman

DECEMBER 28, 2020

Let me make my point by sharing some financial data using client examples from the last decade. An example for this client would be to use 2017 and 2018 history to forecast 2019. The third story is a very profitable global brand with regional supply chain structures. Days of Inventory Comparison. All the best in your journey.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Requis

NOVEMBER 3, 2022

Similar to the power usage effectiveness (PUE) metric, which catalyzed energy efficiency innovations in data centers, the circularity ratio can drive transformative changes in supply chains. . For example, tremendous rhetoric complicates initiating sustainability programs and avoiding greenwashing.

KPI 52

KPI Global Benchmarking Metrics 52

Talking Logistics

JUNE 20, 2017

The question becomes, “how are you comparing your transportation metrics to what’s happening around you?” When you connect to a global trade network (GTN), you can benchmark your company’s performance against the performance of all the shippers in the network. You need to explore the metric relationships to see the full story.

Global 110

Global Scenario Planning Metrics Benchmarking 110

Supply Chain Shaman

JANUARY 9, 2024

And, that the same techniques used in planning for a regional company could work for a global multi-national. For example, in Figure A, we share on orbit chart on how Sanofi is underperforming the industry. The group’s response is, “Are these supply chain metrics?” Most companies are not clear.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

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. For example, the semiconductor shortage is a current issue. Preparing for the Supply Chain Insights Global Summit.

Supply Chain Planning Software 362

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

Supply Chain Shaman

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Check out some of the work that Blume Global is doing in this area.). Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? See You At the Supply Chain Insights Global Summit?

Supply Chain Planning Software 288

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

Logility

SEPTEMBER 12, 2024

Take, for example, the retail industry. Analyzing data in real time minimizes downtime and drives smooth operations – even in complex global supply chains. 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.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 197

synchrono

MARCH 6, 2017

When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). Usage: In the cost-world paradigm, global impact is believed to be the sum of all local impacts. This example is a cost-world example.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

Supply Chain Game Changer

AUGUST 13, 2020

Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Is COVID19 the death of Global Supply Chains? Globalization, Internationalization & Localization.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. Supplier Quality Management System Benefits.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

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

ToolsGroup

JUNE 8, 2021

For example, an SOP may define how forecasting is done in the organization; therefore, the RFI focuses on features that enable that approach. 6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics. RFIs also assume the organization is focusing on the right metrics.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

GlobalTranz

JULY 20, 2015

Much of this development derived from the electronics sector, in which product lifecycles are significantly shorter, global service networks are increasingly intricate, sustainability processes are mandated and consumer customization is becoming the norm. Importance of Metrics in Reverse Logistics Management.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. I put my name on the line.”

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 177

DynaSys

MARCH 7, 2022

In recognition of International Women’s Day, we wanted to pay tribute to women in the global supply chain. How many women are in the global supply chain ? Where do women work in the global supply chain? When we look at the global supply chain, there’s approximately 190 million women working within it.

Global 52

Global Supply Chain Supply and Demand Metrics 52

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough.

Supply Chain Visibility 291

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 291

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Let me give you example. Reward teams for cross-functional metrics.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

Logistics Viewpoints

JANUARY 17, 2022

They offer a cloud-based platform that connects their customers with more than seven million suppliers globally. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. The metric captures the trade-off between short-term viability and the investment in growth.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 221

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. As background, Peter Gibbons is the Executive Vice President, Global Supply Chain for Mattel, Inc. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. Take, for example, a product that sells like hotcakes. That’s only one example.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Logistics Viewpoints

NOVEMBER 14, 2022

Based on ARC Advisory Group’s new global market report, the three largest providers of MSCN, listed alphabetically, are Descartes, E2open, and Infor Nexus. The Descartes Global Logistics Network (GLN) is the world’s largest, collaborative multimodal logistics messaging network. All have market shares of over 10% in a crowded market.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 230

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, 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.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Singapore’s Status a Global Hub. However Singapore has managed to preserve it position as a global trade hub. With broad-based support packages, targeting hardest-hit industries like aviation, coupled with support of a strong logistics ecosystem, reinforced by global players such as DB Schenker. Keeping Supply Chains Moving.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

DELMIA Quintiq

DECEMBER 14, 2021

Food waste has become a major global problem with real consequences to the planet. According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. of global greenhouse gas emissions. Pete Pearson Director of Food Waste, WWF. Source: [link].

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

QAD

JUNE 6, 2023

However, considering today’s volatile global supply chain, financial planning must be integrated with sales and operations during the planning process to align both department’s goals. The metrics that measure supply chain effectiveness and business KPIs, specifically those that measure financial success, should be merged.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 98

Logility

MAY 5, 2020

Managing the supply chain of such a global enterprise is challenging. We’d never had a global view of our organization,” explained John Smith, Data Warehousing Manager. “We This is an example of a classic supply chain problem, which was affecting Ampacet from both the supplier and provider sides of their business.

Supply Chain Planning Software 149

Supply Chain Planning Software Logility Supply Chain Optimization Supply Chain Software 149

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Why else might a company seek a rating? How can gaining a rating affect how companies view CSR and sustainability issues internally?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Logility

AUGUST 15, 2023

Take, for example, PVH. This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen. The platform’s ability to aggregate these metrics into a cohesive sustainability score offers a nuanced evaluation of supplier practices.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130