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

QAD

OCTOBER 22, 2024

Industry standards such as MMOG/LE (Materials Management Operations Guidelines/Logistics Evaluation) and IATF 16949 demand stricter adherence to managing the organization’s suppliers. Supply chain and purchasing teams often face pressure to meet cost and delivery targets, but the focus cannot solely be on these metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 52

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. The blueprints serve as a foundation for change management, documenting current processes in an “as-is” form and gathering requirements to define the desired “to-be” state.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? billion to $855.62 billion in 2023.

Quality 112

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 112

Precoro

JULY 16, 2023

Whether or not the purchasing manager decides to incorporate outside guidelines, like those from the APS, they should work together with upper management to define these goals. By keeping track of these metrics, the purchasing manager can identify inefficiencies in inventory planning and discrepancies in tracking inventory.

Pricing Training 72

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 72

QAD

OCTOBER 18, 2022

Industry guidelines like the Automotive Sustainability Practical Guidance from AIAG also play a role as companies add yet another item to their business agenda – social and environmental responsibility compliance. Examples of performance include quality metrics or logistics metrics.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

Taulia

JULY 21, 2022

Key performance indicators (KPIs) and supplier performance metrics can be used by businesses to evaluate the performance of their individual suppliers and by extension the effectiveness of their supply chain as a whole. Metric: The number of orders containing defective products divided by the total number of orders placed. Defect rate.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

The Logistics & Supply Chain Management Society

MAY 28, 2022

Additionally, a digital supply chain will help you quickly share accurate data with your partner organizations and receive information from them, so you can ensure they’re adhering to your sustainability guidelines. About the Author About Blume. MORE FROM THIS EDITION. 5 Megatrends Shaping Supply Chain Innovations.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. These tools provide real-time insights into key metrics, allowing for better decision-making and continuous improvement.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Resilinc

APRIL 13, 2021

Institutionalizing is when the support of your stakeholders and C-level leaders deepens because they see the SCRM program is achieving its metrics. The key to Institutionalizing your SCRM program is achieving ongoing successes as measured by the metrics agreed to in the Plan—and ensuring that leaders and stakeholders validate these successes.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

Logility

OCTOBER 12, 2021

You could simply adopt existing guidelines to establish a code of conduct that supports the values you want to see in a socially responsible supply chain. Develop metrics against which supply chain stakeholders can judge their performance. You don’t have to reinvent the wheel, however.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

The Network Effect

OCTOBER 3, 2014

A number of comprehensive business process and supply chain specifications designed for the automotive industry are in use today, including the TS16949 standards (related to ISO 9001) and the AIAG Materials Management Operating Guidelines (MMOG). Supplier shipment information accuracy.

Supply Chain Network Software 196

Supply Chain Network Software Automotive Modeling Software Supply and Demand 196

Logility

DECEMBER 14, 2021

Mechanisms for governance can include contracts, standards, mechanisms for reporting, and social bonds.

Supply Chain Planning Software 196

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 196

Logistics Bureau

APRIL 4, 2022

A detailed set of guidelines is beyond the scope of this brief guide, and would, in any case, be better imparted during a real-world project as they are applied. Like all benchmarking and performance measurement processes, freight benchmarking can utilise a wide range of metrics, and the sheer abundance of KPIs can be overwhelming.

Benchmarking 71

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 71

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge One: Comply with medical safety regulations By closing the gap between ERP and the quality system, medical device manufacturers can ensure real-time monitoring of quality metrics and bridge the compliance divide.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

The Logistics & Supply Chain Management Society

MAY 28, 2022

By seeking advice and help from supply chain management experts such as E2open , organisations can better understand which data, metrics and KPIs best reflect their objectives, transform and consolidate their processes, and adopt centralised governance and best practice operational models. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

SCMDOJO

FEBRUARY 20, 2023

To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below. Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Taulia

JUNE 26, 2023

During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them. Then, move on to build your supply chain to suit those metrics. At this stage, the priority is to make sure that the materials or components supplied meet the required standards.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Unleashed

JULY 2, 2024

It provides a paper trail that can be audited to verify that purchases were made per established guidelines and used to guarantee accuracy during financial reporting. Clear guidelines outline who can create purchase orders, approval hierarchies, and steps for handling exceptions or urgent orders.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

BlueYonder

MAY 22, 2020

In addition to establishing company-wide policies, 3PLs must adhere to applicable state and local guidelines for each of their locations. Even as infection curves flatten and government guidelines continue to relax, it will be necessary to keep many of these protective measures in place.

Cost Reduction Strategies 95

Cost Reduction Strategies Inventory Reduction Optimal Sourcing Procurement Analytics 95

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 83

QAD

JULY 28, 2022

We’ve created an easy-to-implement framework that integrates and summarizes these two sets of professional standards and guidelines. Episode #10: Maps & Metrics. In this episode, Cathy Fisher and I were delighted to discuss with Jan Griffiths how to improve the supply chain, focusing on IATF 16949 and MMOG/LE.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 98

Zipline Logistics

SEPTEMBER 21, 2021

These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc. OTIF Logistics Scorecard Guidelines for Sam’s Club. OTIF scorecard guidelines for Sam’s Club differ slightly from those set by Walmart.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Retail 52

Elementum

JANUARY 16, 2024

Regularly reevaluate your processes, tools, and performance metrics, and make adjustments as needed to maximize efficiency and effectiveness. Implementing clear guidelines and prioritizing employee training and upskilling can help ensure that automation efforts are successful and sustainable.

Supply Chain Software 78

Supply Chain Software Cost Reduction Strategies Resource Reduction Inventory Reduction 78

GlobalTranz

SEPTEMBER 28, 2016

5) Ongoing Assessment of Key Supplier Site Metrics to Ensure Business Continuity with Companies' Requirement and Proactively Identify Potential Risk Factors. Every business has their set of metric which they want to focus on. People: Are our SCM people aware of Quality Manual or Guidelines available in business?

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Supply Chain Game Changer

OCTOBER 4, 2022

A successful “management mindset” aims to carefully regulate firm budgets, maintain production and logistic operations on track, supervise production processes, and simplify regulations and guidelines throughout the duration of a project. Distribution Network And Manufacturing Performance Metrics.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

Elementum

JANUARY 16, 2024

Following these guidelines and leveraging available resources can significantly contribute to the long-term success of any business process automation initiative. What metrics are used to measure the success of business process automation?

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Resource Reduction Optimization Software 78

Elementum

FEBRUARY 7, 2024

Strategic implementation includes establishing a clear communication plan, setting performance metrics, and preparing the staff for the transition towards automated processes. Regulatory compliance involves developing processes that adhere to laws, guidelines, or specifications relevant to the organization’s operations.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Supply Chain Game Changer

JULY 29, 2021

Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. The SOP (Standard Operating Procedure ) guidelines on how to distribute aid was released on May 2 and it did not mention the start date of distribution.

India 105

India Supply Chain Saudi Arabia Portugal 105

RFgen

MARCH 10, 2023

Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

GlobalTranz

JANUARY 23, 2018

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

SupplyPike

APRIL 10, 2020

Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times. Some grocery retailers have seen up to 61% drops in foot traffic, while others are shooting up by as much as 20%, according to Placer.ai’s COVID-19 Retail Impact Tracker (updated daily).

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

SCMDOJO

SEPTEMBER 16, 2024

Determine more Parameters Influencing the Pricing Make sure you choose the appropriate metrics if you want to use a cost-plus dynamic pricing approach. Once you have segmented your audience, provide services, packaging, and prices according to the unique tastes of each group. Next, make it into a strategy that your staff can adhere to.

Price Reduction 98

Price Reduction Cost Reduction Strategies How To Guidelines 98

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Unleashed

MAY 7, 2024

By following these guidelines, manufacturers can contribute to a more sustainable future while benefiting from the economic opportunities that come with it. The next step is to create detailed action plans that outline specific steps, allocate resources, set timelines, and establish metrics for success.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Exiger Perspectives

MARCH 30, 2023

This metric doesn’t directly extend to your supply chain attacks but instead has more to do with your program and organization. Governance and Compliance Governance principles should serve as the guideline for TRADES implementation. Lastly, you should also conduct a crown jewel assessment.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52