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

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Logistics Bureau

DECEMBER 22, 2024

KPIs in Supply Chain The Basics As in any business activity, supply chain operations need to focus doggedly on improvement to compete in the marketplace, but how do you know if your supply chain performance is satisfactory or getting better or, god forbid, worsening? Thats where KPIs come in. Whats a KPI Anyway?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

DELMIA Quintiq

DECEMBER 1, 2021

With KPI-based planning, your planners can minimize empty miles and identify the most efficient route plans, enabling your organization to make the same number of deliveries with less resources and fewer drivers. DELMIA’s Last Mile planning solution has helped many logistics companies handle high-volume operations with ease.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Resource Reduction 296

Logistics Bureau

JANUARY 23, 2024

Here’s the link to Audit your Warehouse: Boost Your Warehouse Performance Related articles on this topic have appeared throughout our website, check them out: The Best KPI: The Probability of a Perfect Order KPIs for Your Warehouse: How to Choose and Use Them KPI Key Performance Indicators in Supply Chain & Logistics The Big List of Supply (..)

KPI 75

KPI Logistics Video Warehousing 75

DELMIA Quintiq

DECEMBER 23, 2014

KPI-based planning: It’s easier than you think. Tip 7: Optimize plans based on critical KPIs. Discover the elusive KPI-based planning approach that leading aluminum company Novelis described as “an enabler for excellent results”. Tip 9: Keep your planners in control with KPI-based interactive automation.

Modeling 299

Modeling Supply Chain Planning Software Inventory Reduction Scenario Planning 299

Enchange Supply Chain Consultancy

JANUARY 29, 2025

Whatever service related Key Performance Indicator (KPI) you measure, the objective is to see how you are performing both internally and at a retailer or outlet level and importantly, against peers. Do FMCG companies delude themselves on Customer Service (CS) performance?

Customer Service 147

Customer Service Logistics Network Optimization Software Supply Chain Planning Software KPI 147

DELMIA Quintiq

SEPTEMBER 16, 2021

It considers all your business- and KPI-specific constraints, including capacity planning and respective lead times, and allows your planners to conduct daily dynamic replanning based on all latest information regarding material and work order progress, resource shutdowns, achieved yields and more. “Be Brian Tracy, Author and Public Speaker.

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

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

DELMIA Quintiq

JUNE 30, 2020

KPI-specific planning The quality of the generated plan is measured against various company-specific KPIs, ensuring adherence to the most significant business goals. Sustainability-focused planning The solution supports management of electric vehicles and low-emission zones through CO 2 emission-based optimization.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 287

Logistics Viewpoints

DECEMBER 2, 2024

When the chief supply chain officer wants to review the performance of the supply chain, we start with the KPI dashboards. That frees up the logistics team to go work on even more difficult problems. Then, the tool drills down and looks at real-time performance on late orders or parts.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 259

GlobalTranz

JUNE 14, 2017

This is a simple key performance indicator (KPI), another name for metrics, to track. This KPI should be as high as possible, reflecting accurate inventory available for customers from suppliers. When considering the timeliness of a shipment in this KPI , you can derive an order completion metric. Inventory Accuracy.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

GlobalTranz

JANUARY 4, 2017

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. Leading/lagging indicators: KPIS for continuous improvement in problem/process issues; collaboration, transparency, and partnering.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

DELMIA Quintiq

MARCH 4, 2021

It offers all supply chain partners new ways of collaborating, smarter methods for managing data, more actionable KPI monitoring and faster decision making based on simulating what-if scenarios, to keep pace with all changes in supply and demand.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

ToolsGroup

NOVEMBER 2, 2020

Ultimately, they were able to increase their statistical forecast accuracy by 3.2% (KPI: WMAPE) within six months of the French pilot project’s beginning. Read the full Melitta case study below. Read Case Study. Gartner: Keys to Solving the Top S&OP Challenges; Refreshed 29 October 2019, Published 12 June 2018.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

ToolsGroup

JUNE 15, 2023

Seems our European attendees were much more interested in what our SCM wheel was predicting their top KPI might be! The ToolsGroup SCM wheel launched many great discussions around which KPIs attendees were most focused on to improve in 2023 and into 2024. In fact, on Tuesday the SCM wheel exactly matched the KPI goals for 18 attendees.

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

DELMIA Quintiq

JANUARY 11, 2021

Planners can even incorporate KPI-driven capacity monitoring to understand the impact of their decisions on manufacturing indicators, as well as cost-driven supply planning to optimize costs.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

AIMMS

FEBRUARY 16, 2021

Our solution enabled them to make KPI-based decisions, implement resilient optimization and smoothen exception management. This retailer was struggling to react quickly to shifts in the market. They wanted to be more flexible in their planning prioritization and make decisions based on data rather than gut feeling.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

DELMIA Quintiq

OCTOBER 19, 2021

Increasing planning quality and visibility with smart algorithms and KPI based planning, allows Lufthansa Cargo to handle more cargo in the same facilities with better on-time performance, making it both a booster for efficiency as well as customer satisfaction.

Supply Chain Planning Software 296

Supply Chain Planning Software Analytics Software Supply Chain Network Software Optimization Software 296

Silvon Software

APRIL 19, 2022

To generate true, actionable insights, it is crucial to deploy KPI metrics together with a single source of truth to produce actionable insights that can drive performance results. I also suggest to our clients that they keep the following basic principles in mind relative to their KPI strategies. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Silvon Software

APRIL 8, 2022

In an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell them how they’ve done. I also suggest to our manufacturing clients that they keep the following basic principles in mind relative to their KPI strategies. Machine KPIs.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Logistics Viewpoints

MAY 23, 2024

Figure 4 – Transformation Roadmap – KPI impact view Process Workflow and Automation: ISP defines clear process workflows and leverages automation tools to streamline the planning process, reducing manual efforts and potential errors.

Modeling 291

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 291

Supply Chain Brain

MARCH 13, 2024

Half of supply chain leaders surveyed say they’re already working on plans to implement GenAI in the next 12 months.

KPI 111

KPI Report Survey Supply Chain Planning 111

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.

Supply Chain Software 252

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 252

Silvon Software

APRIL 29, 2022

In an effective KPI strategy, we always recommend that leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell companies how they’ve done. Every inventory KPI needs a clearly defined goal. This KPI varies by company and industry, but in general a rate above 80% is good.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

DELMIA Quintiq

JULY 24, 2014

Remember that one of the things that sets Quintiq apart is our KPI-based planning system, meaning that we place business goals at the center of ever planning decision. Of course, we’ve had offers before, but these were met with a polite, “No, thank you, we’re not for sale.” In this case: Would being acquired by Dassault Systèmes: 1.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimization Software Modeling Software 227

ivalua

AUGUST 21, 2022

52% of procurement leaders in our survey point to the fact that their organizations do not provide the profession with incentives to reduce their carbon footprint – to the extent that sustainability is not even considered as a KPI. However, obstacles to meeting such pledges remain.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

Logistics Viewpoints

JUNE 7, 2023

Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies. And finally, how can retailers and logistics providers accurately capture data and act upon the insights they generate? Here are the key points from our discussion. You can watch the full interview below.

Cost Reduction Strategies 252

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Predictive Analytics Software 252

Logistics Viewpoints

JANUARY 18, 2024

These insights result in input data corrections, algorithm enhancements, process improvements, and KPI target changes. 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.

Supply Chain Software 311

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 311

DELMIA Quintiq

DECEMBER 9, 2020

AME’s Digital Manufacturing strategy is based on a standard of project prioritization through KPI analysis and a continuous improvement cycle, which requires the process be standardized, deployed, reviewed for improvement, re-deployed and reviewed for improvement again, within a cycle that never ends.

Waste Reduction 317

Waste Reduction Cost Reduction Strategies Supply Chain Design Software Resource Reduction 317

DELMIA Quintiq

OCTOBER 18, 2019

DELMIA Quintiq’s planning solution enabled the retailer to seize opportunities for route consolidation and improve its KPI for empty miles — something no other solution provider in the vendor selection process was able to prove they were able to do. Step 3: Choose the right solution – and make sure it fits.

Supply Chain Optimization 159

Supply Chain Optimization Optimization Software Price Mitigation Strategies Vendor Strategies 159

Logistics Viewpoints

APRIL 19, 2023

KPI dashboards to start measuring key supply chain KPIs such as excess inventory and stock-outs are important. Also in this step, to address data quality-issues and ensure they stay clean, you must implement master data diagnostics that assesses the fullness, quality and consistency of the data received every day.

Supply Chain Planning Software 277

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 277

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

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.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 98

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

ToolsGroup

DECEMBER 11, 2023

Perhaps the costliest data granularity mistake merely is focusing so much on optimizing the granularity of KPIs you currently measure that you fail to realize they are the wrong KPIs entirely. His primary KPI was product availability, and according to internal numbers, that had never changed.

Purchasing Skills 156

Purchasing Skills Data Optimal Sourcing Modeling 156

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. Featured Download. First Name * Last Name * Email *.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157