DELMIA Quintiq

DECEMBER 23, 2014

KPI-based planning: It’s easier than you think. Tip 7: Optimize plans based on critical KPIs. For example, if a higher yield is required, your planners should be able to tweak the optimizer to achieve that. Tip 8: Define KPIs that link planning decisions with business goals.

Modeling 299

Modeling Supply Chain Planning Software Inventory Reduction Scenario Planning 299

GlobalTranz

OCTOBER 23, 2015

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. We began our series first writing about the 9 key broad and somewhat soft topics to understand in effective KPI Management. What is lacking?

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Logistics Bureau

FEBRUARY 6, 2023

While technically, KPI selection and use are relatively straightforward, the mistakes we’ll discuss here can lead to many problems and difficulties. But we’re determined to enlighten you about their existence because, with that knowledge, you can avoid making KPI mistakes in your supply chain.

KPI 98

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 98

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

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

Talking Logistics

AUGUST 5, 2013

Leadership Development Past Episode balanced scorecards dashboards Decision Wise interpersonal performance KPI operational metrics performance reviews Tracy Maylett' In this episode, Tracy Maylett , Ed.D, If you have a question or comment for Tracy, post it below and keep the conversation going!

Metrics 199

Metrics KPI Case Study Supply Chain Performance 199

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. Metric: Goal/KPI: Zero quality reports upon the receipt of goods at Warehouse or ultimate consumer; Embedded 3PL rep to help improve 3PL service by monitoring 3PL deliveries and daily service.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? KPI dashboards to start measuring key supply chain KPIs such as excess inventory and stock-outs are important. I asked Asena to give some deeper insights on a few key points. And finally, how does a company achieve autonomous planning?

Supply Chain Planning Software 298

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 298

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. An Order Management System (OMS) is a great example of software able to improve a company’s OTIF successes.

Supply Chain Software 263

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

Logistics Viewpoints

JANUARY 18, 2024

AI algorithms process this vast amount of data for root-cause analyses and alerts, for example, lower UARs than expected, high forecast bias, and low forecast value-add. These insights result in input data corrections, algorithm enhancements, process improvements, and KPI target changes.

Supply Chain Software 328

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

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. In the case of my example above, 20% of the time they didn’t have the stock available. Can you see why I absolutely love this KPI?

KPI 59

KPI Warehousing Benchmarking Inventory 59

DELMIA Quintiq

AUGUST 13, 2014

For example: Supply chain planning should be driven by relevant KPIs. At Quintiq, we start all of our projects by defining the most relevant (to the customers business goals) KPIs. We hold several KPI sessions to drill down to precisely what the customer is trying to achieve.

Scenario Planning 214

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

ToolsGroup

DECEMBER 11, 2023

In my supply chain work at Evo , for example, it’s still impossible to forecast daily sales per SKU. We aim to achieve the correct data granularity not to optimize any specific KPI performance but rather to recognize patterns in the data that deliver actionable and valuable insights. Take an example from my colleague.

Purchasing Skills 156

Purchasing Skills Data Optimal Sourcing Modeling 156

DELMIA Quintiq

MAY 14, 2018

For example, a company might state that they are aiming to reduce the carbon footprint of their operations by 20% within five years. Two other prominent examples are Target and Zara. This is done through KPI (key performance indicators) tracking, advanced mapping as well as data integration & propagation. What’s next?

Sustainability 136

Sustainability Resource Reduction Vendor Strategies Retail 136

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

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

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 inch +/- 5%).

Procurement Analytics 157

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Planning 157

Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example. There was no air freight possible then into Europe,” added Gerald van den Eijnden.

Agile and Lean Supply Chain 277

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 277

Logistics Bureau

NOVEMBER 8, 2021

But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! What Makes a “Right” KPI? You’re in a good place.

Benchmarking 96

Benchmarking KPI Supply Chain Strategy Supply Chain Software 96

SCMDOJO

OCTOBER 7, 2022

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. One drawback of Cost KPIs is that it is inversely proportionate to Quality KPIs.

Optimal Sourcing 137

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

The Logistics of Logistics

JANUARY 26, 2016

Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. To meet your KPI goal, do periodic inventory audits to see how they measure against routine tracking. Similarly, storage itself is an important KPI for improving warehouse management practices. Employee Turnover.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

GlobalTranz

JANUARY 19, 2018

For example, if you ship 100 items, and 150 items were scheduled to be shipped, you have a deficit KPI, indicating delays or possible issues within the warehouse. This KPI is derived by dividing the total number of shipped orders by the number of planned shipments.

Supply Chain Design Software 143

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

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

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. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

DELMIA Quintiq

MAY 21, 2018

The examples in part one demonstrated small operational changes that can significantly improve a company’s footprint, with very little to no change management efforts. The Quintiq solution uniquely allows companies to properly balance changing KPI goals at varying points in time, in order to produce realistic, executable plans.

Supply Chain Planning Software 168

Supply Chain Planning Software Sustainability Logistics Network Optimization Software Modeling 168

Silvon Software

JUNE 23, 2020

Remember that the KPI you want to measure today, may not be the one you want to measure tomorrow. DSO also is part of the Cash-to-Cash Cycle Time KPI – a more complex KPI featured in many supply chain dashboards. I address this particular KPI is more detail later below. Sales to Forecast and Sales to Outlook.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

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

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

AIMMS

MARCH 2, 2021

Some examples: They have used the same source data, while for S&OP they would aggregate data into monthly and product group buckets , for S&OE they would use the product and day/week level of data. What about connections between S&OE and S&OP apps themselves? How can AI assist during the S&OE process?

Modeling 207

Modeling Optimal Sourcing AIMMS S&OP 207

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

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 Optimal Sourcing Supply Chain Planning Software 111

SCMDOJO

MARCH 24, 2025

The formulae for the PPV is: PPV= (Standard Price – Actual Price) *actual quantity Lets understand this with some examples: Example # 1: A FMCG company plans to purchase 20,000 units of packaging material at an estimated cost of $6 per unit, setting a total budget of $120,000. Check out the Procurement KPI Dashboard now!

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

DELMIA Quintiq

OCTOBER 30, 2014

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. It is exciting to know that technology innovation has enabled businesses to increase output, as well as improve delivery performance and reduce inventory.

Supply Chain Planning Software 149

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

ivalua

OCTOBER 22, 2020

More advanced Procurement organizations are regularly measuring this as a KPI and good Procure-to-Pay systems are a must. For example, successfully meeting CSR objectives such as reducing the coporate carbon footprint or preventing child labor in the supply chain depends on the ability to direct purchases to properly vetted suppliers.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Persuade the customer otherwise.

Reverse Logistics 74

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

DELMIA Quintiq

FEBRUARY 20, 2017

For example, if some of the slabs need unplanned surface conditioning after they have been cast, planner has to be able to reroute them to appropriate conditioning resources and reschedule them in the hot mill sequence. For example, they are not able to calculate the hot charging rate KPI of the schedule.

Optimization Software 136

Optimization Software KPI Japan Resource Reduction 136