Logistics Viewpoints

JUNE 19, 2024

ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior. It’s a set of practices that organizations use to limit negative impacts or increase positive impacts on the environment, society, and governance bodies.

Supply Chain Strategy 248

Supply Chain Strategy Waste Reduction Cost Reduction Strategies Supply Chain 248

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

Logistics Viewpoints

AUGUST 19, 2024

As large companies embrace environmental, social, and governance goals, they also need to revamp their reverse supply chains to disassemble returned goods apart, save valuable materials, and reuse them. Despite legislation, in 2022, the world generated 62 million metric tons of e-waste, according to the United Nations Global E-waste Monitor.

Waste Reduction 270

Waste Reduction Material Savings Apparel Supply Chain Design 270

Supply Chain Shaman

DECEMBER 15, 2022

Functional Metrics. With the implementation of transactional systems, the focus was on measuring and controlling functional metrics like the lowest manufacturing cost or purchase price variance in procurement. Standard technology alignment did not enable this analysis. Understanding of Supply Chain Excellence by the Executive Teams.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

NC State SCRC

MAY 7, 2020

We have started to put together ideas on what a national governance framework would look like, which would begin by establishing a standing governance model for national disasters. While we may not experience another disaster as severe as this pandemic, we need to assume the worst case in planning a governance model. First case?

Government 52

Government Pharmaceutical Supply Chain Planning Software Supply Chain Planning 52

Supply Chain Shaman

AUGUST 12, 2024

The sad thing is that most companies will never know because they are blindly measuring the wrong metric and driving a supply-centric agenda. Functional metrics throw the supply chain out of balance creating waste and increasing turbulence. Functional metrics also result in the manufacturing of products that may not be needed.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. Consider that the Chinese and India governments are investing in the semiconductor industry.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 52

Government Optimal Sourcing Sourcing North America 52

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Over four-hundred days of war in Ukraine. Unrest in Sudan.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

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

QAD

AUGUST 31, 2023

Governance is always discussed but rarely applied effectively. Governance is always discussed but rarely applied effectively. The key to successful governance is change control, sticking to the plan and saying NO to scope change. The key to good governance at all times is structure, structure, structure.

Resource Reduction 98

Resource Reduction Waste Reduction Material Savings Cost Reduction Strategies 98

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. Lack of clarity in governance for decision-making. Mistake #3. Mistake #4.

Supply Chain Planning Software 362

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

ivalua

JUNE 26, 2023

Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Consumers are demanding more transparency and accountability from businesses when it comes to environmental, social, and governance (ESG) issues. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. Data cleansing techniques can eliminate inconsistencies, and the data workstream should establish governance protocols to ensure data integrity and develop effective management practices.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Logistics Viewpoints

JULY 7, 2022

Environmental, social, and governance (ESG) priorities impact every facet of business and will determine the market leaders of tomorrow. These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Start with your supply chain.

Material Savings 271

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 271

ivalua

JUNE 11, 2021

As governments around the world start to better understand the challenges caused by Covid-19, the serious global threat posed by climate change is moving back up the commercial agenda. Ikea – Slawomir Peter.

Supplier Management 130

Supplier Management Sustainability Procurement How To 130

Logistics Viewpoints

NOVEMBER 20, 2024

Partnering with NGOs, governments, and industry peers allows organizations to share resources, reduce costs, and amplify the impact of sustainability initiatives. Companies can tap into this trend by introducing carbon-neutral delivery options or product lines that prioritize environmentally responsible materials and practices.

Waste Reduction 139

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 139

SupplyShift

JANUARY 20, 2018

In the last five years there has been a substantial increase in consumer preferences focused on ethics-based brands (HSBC) as well as rapidly growing shareholder actions based on social and environmental metrics ( HBR.com ) that result in a change in the way that global companies assess performance.

Government 40

Government Optimal Sourcing Sourcing North America 40

Logistics Viewpoints

SEPTEMBER 13, 2022

In the past few decades, an increasing number of organizations have adopted environmental, social and governance ( ESG ) initiatives to help heal the planet as well as to make cost and efficiency improvements in their supply chain and procurement operations. Next, the enterprise can set targets.

Cost Reduction Strategies 233

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 233

Supply Chain Shaman

DECEMBER 28, 2020

The movement from regional to global supply chains increased corporate politics with few having clear governance. Use data and new metrics systems to free the organization from the ball and chain of corporate politics. Use data and new metrics systems to free the organization from the ball and chain of corporate politics.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Jaggaer

OCTOBER 23, 2024

ESG Sustainability Reporting As procurement’s intelligent source-to-pay and supplier collaboration platform, JAGGAER One enables customers and stakeholders to achieve their environmental, social, and governance (ESG) objectives by simplifying, automating, and embedding sustainability principles directly into our software solutions.

Sustainability 52

Sustainability Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

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. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

ToolsGroup

JUNE 6, 2023

ToolsGroup provides the solution we need to make faster, more accurate decisions that deliver the best consumer experience, while achieving our business metrics and strengthening relationships network-wide. “We want every node of our supply chain – from upstream suppliers to downstream franchisers – to be just as customer-focused.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

BlueYonder

NOVEMBER 30, 2012

At a recent industry conference, I asked my 80-plus audience to raise their hands if they were “OK” with the current status of their performance measurement governance practices – including Metrics Identification, Measuring, Tracking, and Controlling. Only three managers raised their hands. Lack of consistently clean data.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Lean Government Waste Reduction 52

DELMIA Quintiq

OCTOBER 7, 2020

Identify metrics, analytics and projects to drive business improvements. Determining which technologies to adopt starts with solid project governance and understanding the maturity and readiness of your plant’s ability to accept change. One place to start is in assembling a well-represented, well-formed steering committee.

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

TMC

NOVEMBER 18, 2015

Keeping an eye on changes in government policies is another important detection activity, which often falls under the umbrella of a centralized corporate function such as Legal or Compliance. Shifts in government policy can be immensely disruptive, especially when they occur with little or no warning.

Metrics 67

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

ivalua

JULY 15, 2021

With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Material Savings 130

Material Savings Sourcing Strategies Supply Chain Strategy Sustainability 130

QAD

JUNE 4, 2024

Practical Strategies for Sustainable Supply Chains By providing practical insights and cross-functional strategies, the ebook aims to empower organizations to identify existing operational practices within their supply chains and optimize costs while improving Environmental, Social, and Governance (ESG) metrics.

Automotive 98

Automotive Sustainability eBook Waste Reduction 98

Supply Chain Shaman

JANUARY 31, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. A Decline in Innovation. What to do? Drive change.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance. As a result, in a market downturn, process latency increases.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

SYSPRO Smarter ERP

JANUARY 23, 2023

Sustainability has come onto the agenda of many businesses, with environmental, social, and governance (ESG) goals becoming major considerations. Investors are tending to avoid companies that lack environmental, social, and governance reporting. It is only with the analysis of data that situations can be visualized and changes made.

Waste Reduction 111

Waste Reduction Report Optimal Sourcing Price Reduction 111

Logility

MARCH 10, 2022

Many companies now use environmental, social and governance (ESG) performance metrics when setting targets for executive pay, which is a clear indicator that sustainability is moving beyond being a brand value. It’s Time to Think About Sustainability Differently. And the timing couldn’t be better.

Supply Chain Planning Software 130

Supply Chain Planning Software Modeling Sustainability Sourcing Strategies 130

Logistics Viewpoints

FEBRUARY 29, 2024

Similarly, creating a cross-functional governance structure is key, with representatives from every impacted department playing an active role in the rollout of new initiatives. Metrics are critical as well. But be wary of setting “moonshot goals” that may take years to achieve.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 272

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

In October 2020, DB Schenker hosted a high-profile delegation comprising key government agencies amongst whom, Ministry of Trade and Industry, Ministry of Manpower, Economic Development Board and Workforce Singapore at the Red Lion facility – Schenker Singapore’s premier integrated freight and logistics facility. supply chain.

Singapore 246

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

HICX Solutions

MAY 1, 2024

By laying a solid supplier data foundation, companies can better manage risks, ensure compliance with regulations, and fulfil Environmental, Social, and Corporate Governance commitments. What are the key metrics to track during supplier onboarding? What are the top 10 supplier onboarding metrics?

Optimization Software 52

Optimization Software Supply Chain Software Modeling Software Cost Reduction Strategies 52

ivalua

AUGUST 1, 2022

An effective SRM framework provides a set of principles, processes, and tools to establish a governance structure and manage ongoing operations during the lifecycle of a supplier. . SRM Governance : Formal governance structure and roles clarify supplier interactions and internal collaboration. Segmentation & qualification.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Logility

AUGUST 15, 2023

Recognizing supply chain resiliency also depends on meeting compliance standards, companies leverage the platform to gain well-rounded multi-tier visibility into supplier adherence to internal company policies and government mandates. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130