Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. But what exactly should you measure?

Optimal Sourcing 40

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 40

Logistics Viewpoints

JUNE 22, 2023

Adding this key performance indicator (KPI) to your supply chain allows businesses to measure themselves while being able to evaluate the performance of all the participants in the commerce ecosystem. Suppliers, inventory visibility, and other variables beyond direct control can influence OTIF. How can an OMS help improve OTIF?

Supply Chain Software 263

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 263

Logistics Viewpoints

JANUARY 18, 2024

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

Supply Chain Software 328

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 328

GlobalTranz

DECEMBER 8, 2017

The perfect order KPI tracks the overall accuracy and timeliness of each shipment. Perfect Order KPI = On-Time Delivery and Shipment KPI x Complete Order Percentage x Damage-Free Percentage x Accurate Invoicing Percentage. To calculate the perfect order percentage, one must understand the on-time KPI.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

ToolsGroup

NOVEMBER 2, 2020

For example, within an audit workflow multiple stakeholders across various regions can apply detailed market knowledge specific to their regions to the demand baseline forecast for a more accurate result. ToolsGroup supported MSE’s other key priority: seamless collaboration between stakeholders. Read the full Melitta case study below.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 Safety Manager in place?

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

DELMIA Quintiq

AUGUST 13, 2014

For example: Supply chain planning should be driven by relevant KPIs. Next, he translates the financial metrics into three measurements applicable to production: throughput, inventory and operational expense. At Quintiq, we start all of our projects by defining the most relevant (to the customers business goals) KPIs.

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 52

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. Read the press release here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

The Logistics of Logistics

APRIL 6, 2013

It states that certain KPIs in this QBR are to be negotiated/reviewed monthly. Sometimes, the Logistics provider has their own SLA/KPI that they want to use with any customer, but negotiation is still in order. Some Logistics providers use time/percentages to implement the SLA/KPI based on the customer’s volume. Turnaround time.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. The planners could choose to switch cargo from a slow-moving ship to air, for example.

Agile and Lean Supply Chain 278

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 278

Supply Chain Opz

AUGUST 3, 2014

For example, when warehouse staffs pick the orders faster, cost per order can be reduced. 2) Utilization Metrics : machine utilization is a classic example of this kind of metric. Suppose you want to buy the steel sheet products, the simplest KPI is "thickness tolerance" (say 0.5 It''s the inventory metric). inch +/- 5%).

Procurement Analytics 157

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Planning 157

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

GlobalTranz

JANUARY 19, 2018

You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community. The dependent values in these KPIs are derived from the following formulas: Inventory Turnover = The Cost of Total Goods Sold During a Period / Average Inventory Value.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Warehousing Supply Chain Software 143

Logistics Bureau

FEBRUARY 22, 2021

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. Inventory Availability. In the case of my example above, 20% of the time they didn’t have the stock available. Warehousing.

KPI 59

KPI Warehousing Benchmarking Inventory 59

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities. x 0.96 = 0.8661.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 98

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 105

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 105

Logility

APRIL 2, 2020

Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need. KPIs are often based on average performance levels.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain. The Logistics space optimization depends on the time taken by different KPIs mentioned in the dashboard.

Optimal Sourcing 137

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 137

EazyStock

NOVEMBER 17, 2020

What is ERP inventory management? When it comes to inventory management, ERP systems are ideal for tracking stock along the supply chain, monitoring stock levels and order processing. ERP inventory management limitations. ERP inventory management needs sophisticated demand forecasting.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

The Logistics of Logistics

JANUARY 26, 2016

Below are five KPIs to closely monitor in your warehouse: 1. Accuracy of Inventory Records. Your capacity to meet customer demands hinges on your ability to accurately report inventory. When you can account for inventory down to the item, you can better respond to customer needs. Are you backlogged?

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ This process involves handling returns, which can be due to various reasons, such as damage, defects, seasonal inventory, restock, salvage, recalls, or excess inventory. They may have ordered more than they need.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

Silvon Software

JUNE 23, 2020

Remember that the KPI you want to measure today, may not be the one you want to measure tomorrow. Inventory Turns and Sales-to-Inventory Ratio. DSO also is part of the Cash-to-Cash Cycle Time KPI – a more complex KPI featured in many supply chain dashboards. DSO – Days Sales Outstanding. Perfect Order Rate.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Logility

AUGUST 18, 2023

For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies. Communication Gap Without an effective communication bridge, crucial insights from the supply chain may not reach the executive suite.

Supply Chain Performance 186

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 186

Logility

SEPTEMBER 5, 2013

He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. He utilized the built-in KPI’s and set up his own meaningful and business-specific metrics to drive a proactive S&OP business process. Here’s the example relayed to me.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Logility

SEPTEMBER 5, 2013

He started by building a KPI set that combined basic data from their transaction systems with demand and supply chain planning data from Logility. He utilized the built-in KPI’s and set up his own meaningful and business-specific metrics to drive a proactive S&OP business process. Here’s the example relayed to me.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Logistics Viewpoints

MARCH 4, 2021

Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. AI/ML technology will help with many aspects of your supply chain planning both on the demand and supply side.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. Also, establish regular reporting cycles and automated data capture to ensure timely and accurate KPI monitoring.

S&OP 111

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

DELMIA Quintiq

OCTOBER 30, 2014

It is exciting to know that technology innovation has enabled businesses to increase output, as well as improve delivery performance and reduce inventory. I will be sharing examples of customers who are using smart planning to optimize processes, so that you will be able to unlock the extra capacity hidden in your business too.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 149

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Inventory Turnover (Cash). Total Supply Chain Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. Some KPI Examples. I hope his answers help you.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

Logistics Bureau

AUGUST 2, 2021

Nevertheless, each of them has a valuable part to play in customer-focused performance measurement and is therefore worth including in your KPI portfolio. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Other Supply Chain KPIs Procurement Teams Should Track.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

RFgen

MARCH 10, 2025

The problem lies in effectively balancing inventory across the supply chain. When demand surges, inventory needs to rise, and vice-versa. However, as we’ve seen in recent years, predicting these shifts and adjusting inventory accordingly is far from simple.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Supply Chain Optimization 52

DELMIA Quintiq

OCTOBER 25, 2015

As a result, most packaging manufacturers struggle with delivery reliability and high inventory levels. The biggest problem is that many packaging manufacturers still use the batch- and-queue approach that tends to drive up inventory and lead time. Some have not moved from batch-and-queue to continuous flow production yet.

Packaging 120

Packaging Manufacturing Resource Reduction Inventory Reduction 120

Locus Robotics

MARCH 12, 2025

Content Marketing Manager Warehouses generate vast amounts of data every day, from fulfillment rates and inventory levels to labor efficiency and stock movement, but that raw data alone isnt enough. The Evolution of Analytics in Warehousing Warehouses have long relied on key performance indicators (KPIs) to measure efficiency.

Warehousing 52

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software Company KPI 120