ivalua

NOVEMBER 29, 2022

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. Tracking this metric and taking steps to improve it can help combat inflation. Risk Metrics.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logility

APRIL 7, 2020

In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. These are just a few of the countless and amazing innovations we hear about on a daily basis. At the same time, start a frank discussion about which metrics matter right now.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

DELMIA Quintiq

OCTOBER 7, 2020

Or, the importance of digitalized manufacturing and how digitalization has enabled companies to pivot faster to new and more innovative products, processes or never-produced products needed to save lives in the pandemic. . Identify metrics, analytics and projects to drive business improvements.

Supply Chain Design Software 358

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

Logility

JUNE 23, 2023

A traditional forecasting model might look at last year’s sales metrics to predict this year’s. Manufacturers can supercharge their predictive analytics capabilities by embracing innovative technology that supports it, like Logility. Let’s consider a simple example—daily sales of ice cream.

Forecasting 190

Forecasting Forecasting Software Modeling Predictive Analytics Software 190

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware. Digital Brain.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 315

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

OCTOBER 28, 2024

Yet in EY’s research, they report that “nearly all supply chain leaders (97%) say that their organizations are currently facing challenges as it relates to supply chain metrics and that challenges come from a lack of integrated data and cross-functional metrics being in conflict with each other, among others.

Supply Chain Execution 229

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 229

ToolsGroup

APRIL 26, 2023

Read the blog → Receipt Metrics in Top-Down Planning With v2023.1, JustEnough has also empowered Assortment Planning users to view and plan receipt metrics at an aggregate level.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Supply Chain Shaman

NOVEMBER 21, 2024

The business network market is in need of innovation.) On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value.

Supply Chain Planning Software 367

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 367

Logistics Viewpoints

NOVEMBER 20, 2024

These pillars provide a comprehensive framework to align operational goals with broader corporate and societal objectives, fostering resilience, innovation, and long-term value. Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

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. Innovation in plastic shoe design, and the design of the supply chain to maximize value. Fortuitously, I hired a bright summer intern named Alex that introduced me to orbit charts. In Figure 3, we depict Crocs. The secret?

Eliminating Excel in Purchasing 318

Eliminating Excel in Purchasing Gartner Supply Chain Design Supply Chain Strategy 318

Supply Chain Shaman

JANUARY 8, 2024

Customer-centric Innovation Drives Value. Intuitive Surgical, L’Oreal, and Sleep Number drove excellence through product and service innovation to outperform their peer groups. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.) The gaps widened in the past five years.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Logistics Viewpoints

OCTOBER 4, 2021

E2open has come up with an innovative way of doing this. They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. There was a shift from “’growth through innovation’ to ‘growth through efficiency.’ 2020 was different.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

Supply Chain Shaman

JULY 6, 2020

My job, as the plant engineering manager, was to drive innovation and implement technology improvement. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. The second step is to align metrics to the strategy. The So What?

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. We selected these metrics based on correlation work with Arizona State University in 2012.

Supply Chain Design Software 254

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

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. Instead, the focus is on customer-focused innovation and leadership. We talk about complexity, but do not measure the impact on forecastability.

Gartner 284

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 284

Logistics Viewpoints

JULY 7, 2022

These include: Challenges getting ESG metrics from suppliers, partners, and other third parties. Time-consuming manual processes to report on ESG metrics. Reassure your employees that while automation may take over manual tasks, there will be more time for strategic thinking, innovation, and work-life balance.

Material Savings 275

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 275

Supply Chain Shaman

JANUARY 31, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Govern by implementing stage-gate processes (analogous to those in the management of product innovation.)

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Logistics Viewpoints

OCTOBER 14, 2024

But Omer Bakkalbasi, the chief innovation officer at Solvoyo, says they are already there. “We Solvoyo has a metric they call the user acceptance rate. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. We feel we are ahead of our times.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 243

Supply Chain Shaman

JUNE 7, 2018

Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Three Paths for Innovation. They are a barrier to true innovation.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 231

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Innovation has led to new ideas about how food waste can be processed and reused. Innovative recipe and formulation management is key. The transformation of food products is at an inflection point.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Supply Chain Shaman

DECEMBER 23, 2014

ecommerce is closely coupled with new channels and innovative ways of ordering and payment. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. So, if your doorbell rings, with your copy of Metrics that Matter, think about the importance of logistics this holiday season.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

Logistics Viewpoints

FEBRUARY 14, 2022

“Digital transformation leaders across many different industries share common traits and visions,” Marianne D’Aquila explained, “helping them overcome complex challenges to innovate and stay agile. Industrial innovation continues to accelerate, and leading companies have their transformation initiatives well underway.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 216

Logistics Viewpoints

SEPTEMBER 13, 2022

Thus, organizations must make sure that data are complete, accurate, timely, and consistent as well as capture the required metrics. Understanding the data, metrics and benchmarks can help the organization collaborate with suppliers to set meaningful, actionable and quantifiable goals. Next, the enterprise can set targets.

Cost Reduction Strategies 237

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 237

Supply Chain Shaman

FEBRUARY 7, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Govern by implementing stage-gate processes (analogous to those in the management of product innovation.)

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

Singapore 246

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

Logistics Viewpoints

OCTOBER 5, 2022

You need to maximize the business outcome through ecosystem innovation (partners and investors). And you need to maximize digital transformation innovations. This is all about the alignment of metrics and objectives. You need to maximize the business impact of real time visibility across all stages of the customer journey.

Real-time Visibility 242

Real-time Visibility Predictive Analytics Software Supply Chain Network Software Optimization Software 242

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Logility

SEPTEMBER 12, 2024

The cloud has emerged as the cornerstone of modern business and supply chain innovation. The true power of the cloud lies in unlocking insights from data, enabling seamless collaboration across various internal and external teams, and driving strategic innovation. All these advantages are achievable in the cloud.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 197

The Logistics of Logistics

OCTOBER 29, 2024

He is focused on revolutionizing the 3PL industry by providing innovative solutions that enable third-party logistics providers to increase their profitability and efficiency. Data-Driven Insights: Provides valuable insights into shipping costs and performance metrics to optimize operations.

Logistics Network Optimization Software 187

Logistics Network Optimization Software United Kingdom Supply Chain Software 3PL 187

Supply Chain Insights

JANUARY 18, 2018

This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. New approaches –using the confluence of new technologies along with innovation in analytics– will drive a more agile supply chain response. The winners are best-of-breed innovators and speciality, boutique consulting companies.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

ToolsGroup

MAY 21, 2024

Now, we shift our focus to a crucial aspect of adopting this innovative approach: the internal change management required to transition from rigid processes to continuous decision-making. Aligning Performance Metrics : Adjust performance metrics to reflect the principles of decision-centric planning.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

ivalua

DECEMBER 16, 2022

Tens of thousands of companies were anonymously rated on Comparably.com in nearly 20 different workplace metrics, from compensation, diversity, work-life balance, and leadership to career growth and perks and benefits. Culture & Values: Customer-centric, Collaboration, Results-oriented, Care for and Grow people, and Integrity. “We

Global 246

Global Company Supply Chain Software Gartner 246