Logistics Viewpoints

OCTOBER 28, 2024

“To improve,” the report rightly notes, “organizations should enhance supply chain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supply sources, suppliers, manufacturing and logistics partners.” net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 268

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 268

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery. Inflation Metrics.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. But don’t hesitate to leverage good work that’s come before, both inside and outside your industry.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

MAY 25, 2024

The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) Lenovo posts a 2% average margin compared to the industry average of 6%.

Eliminating Excel in Purchasing 316

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 316

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Networks and Sourcing.

Supply Chain Network Software 294

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 294

Logistics Viewpoints

JULY 23, 2024

Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals. Data inventory and assessment: Conduct a comprehensive inventory of available data sources within the organization, including internal systems (e.g.,

Optimal Sourcing 291

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 291

Logistics Viewpoints

DECEMBER 15, 2022

The retail industry is rich with data. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit. However, using metrics that can be easily tracked and updated is recommended.

Optimal Sourcing 254

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 254

Logistics Viewpoints

NOVEMBER 20, 2024

Ethical sourcing is a fundamental aspect of social sustainability. Partnering with NGOs, governments, and industry peers allows organizations to share resources, reduce costs, and amplify the impact of sustainability initiatives. Collaboration has also emerged as a key enabler of economic sustainability.

Waste Reduction 282

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 282

Supply Chain Shaman

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? We built peer groups based on like industries. The NAICS designation was developed by the US Federal Government to characterize groups of companies within an industry. Excellence is easier to say than to do.

Pharmaceutical 274

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 274

Supply Chain Shaman

JULY 6, 2020

Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. The analysis includes over 700 companies across 28 industry sectors. Shown in Table 1 are the averages in the process industry. Sector Averages in the Process Industry.

Agile and Lean Supply Chain 296

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 296

The Logistics of Logistics

NOVEMBER 5, 2024

Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. He is responsible for driving strategy, customer engagement, and industry analysis.

Optimal Sourcing 245

Optimal Sourcing Freight Analytics Software Forecasting 245

Logistics Viewpoints

APRIL 26, 2021

Prior to that he had worked in the storage industry as a director of supply chain at EMC. Dual sourcing has also helped with partner responsiveness. This gives Pure real-time visibility to core performance metrics. Pure Storage reduced their dependency on sourcing from the Far East.

Supply Chain Design Software 274

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 274

ivalua

JUNE 26, 2023

The symposium brought together CTO’s, procurement professionals, and industry experts to share insights that will shape the future of procurement. In our recap, we’ll dive into the key takeaways from the event and what they mean for the industry. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Shaman

JULY 22, 2019

Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Industry-by-industry, I compiled data for the period of 2010-2018. The study of improvement and performance for the 535 companies in 26 industries took two months.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 172

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 172

Supply Chain Shaman

SEPTEMBER 17, 2014

Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries?

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” These capabilities do not exist at Ford. Conclusion.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 271

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 271

SCMDOJO

APRIL 27, 2022

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. Why Does the Apparel Industry Require Supply Chain Management?

Apparel 138

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 138

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. I, like you, spent many years learning from hard work the process industry. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Yes, a single year offsets twenty years of poor margins for a struggling industry. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. profit for Q3 on $16.6B Time For Action.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 283

Supply Chain Shaman

MARCH 5, 2019

The industry is moving down a path of “groupthink.”. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Call volume is brisk. What Is Groupthink?

Supply Chain Design Software 293

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 293

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Logistics Viewpoints

JULY 19, 2023

The report provides a cross-industry perspective on environmental sustainability in logistics including fuel consumption, screening logistics providers, packing material, sales order delivery, and reverse logistics based on 1,157 valid participants. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. For instance: pumps and motors as MRO repair parts for industrial machinery. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

The Logistics & Supply Chain Management Society

MAY 28, 2022

To say the last two years have been difficult for the supply chain industry is a significant understatement. While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable.

Sustainability 264

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

Logistics Viewpoints

MARCH 27, 2023

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Other external data, like industry data or economic data, is used for other types of forecasts.

Forecasting 261

Forecasting Forecasting Software Modeling Optimal Sourcing 261

Logistics Viewpoints

MARCH 3, 2025

According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.

Negotiating Skills 168

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 168

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. We started the conversation with sourcing.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). Job loss concerns can also hinder progress.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

OCTOBER 26, 2021

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). But to operate at the board level we need to be able to speak the CFO’s language. Spike up to protect against attack.

Supply Chain Design Software 290

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 290

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 261

Logistics Viewpoints

APRIL 4, 2022

This is a public, multinational providing different types of electronic and machinery products for different industries. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion.

Supply Chain Transformation 254

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 254

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. disruption and volatility. Centralize Communications ?Across Across OTR Transportation Modes.

Optimal Sourcing 221

Optimal Sourcing Transportation Rail Software Sourcing Strategies 221

Logistics Viewpoints

JUNE 19, 2024

ESG reports can help investors make informed business decisions by identifying companies with less financial risk and avoiding those that may be impacted by stricter ESG metrics. This suggests a need for a more defined ESG strategy and framework within the industry to guide effective integration and action.

Supply Chain Strategy 278

Supply Chain Strategy Waste Reduction Cost Reduction Strategies Supply Chain 278