Supply Chain Shaman

JULY 25, 2021

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. Lean, Blockchain, Industry 4.0, Maturity Model.

Procurement Analytics 370

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

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 299

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. 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.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

OCTOBER 30, 2024

For instance, a student interested in sustainable supply chain practices might choose courses focused on green logistics, ethical sourcing, and environmental impact assessment. Conversely, a student leaning toward supply chain analytics could engage with advanced courses in data science, predictive modeling, and optimization techniques.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

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 311

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 311

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Supply Chain Shaman

MARCH 4, 2013

Abby and I are writing an e-book on Supply Chain Metrics that Matter. Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing. Companies that are not looking holistically at metrics are stuck. It is harder to understand lean body mass.

Price Mitigation Strategies 272

Price Mitigation Strategies Training Cost Reduction Strategies Sourcing Strategies 272

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. Supply Chain Leader of a Large Hospital.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

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 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern. While sourcing roles are more aggregated, channel support is usually regional.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 206

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Damage-free delivery: This measurement is sometimes incorporated into the in full KPI, but can just also be a stand-alone metric. What about DIFOT?

KPI 74

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

Kinaxis

JUNE 12, 2017

I will lean on the Supply Chain Planning space as an example and relate to the broader shifts in the role of IT in supply chain management. As opposed to going with a “one throat to choke” approach, they are spending time in researching the best of breed and open source technologies to offer true systems of differentiation to business.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 233

Supply Chain Shaman

JUNE 26, 2017

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. Overview of the Methodology.

Sourcing Strategies 153

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Metrics 153

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

RFgen

DECEMBER 19, 2024

Embrace Lean Inventory Practices and Warehouse Layout Optimization Adopting lean inventory principles and and optimizing warehouse operations reduces carrying costs, minimizes waste from obsolescence or spoilage, and frees up valuable warehouse space. Consider solar panels and other renewable energy sources.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

The Logistics & Supply Chain Management Society

JULY 23, 2020

When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. To improve your capability to manage demand shifts and customer expectations it is mandatory to have dual sourcing. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

GlobalTranz

DECEMBER 18, 2015

Lean Inventory: Using Lean Initiatives To Manage Inventory. More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? Lean is a new way of doing business. The transportation company’s culture and behavior should change to apply Lean thinking. The goal in Lean Transportation is to use the ‘Eight (8) Right’s: Right Materials. Right Source. Right time.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Logility

MARCH 21, 2024

Because of a personal relationship, the supply chain manager knows they can call their colleague from sourcing to lean on their vendors to get the shipments expedited. Capabilities of GenAI show the user the data source that corresponds to the answer for each question the user asks.

Optimal Sourcing 224

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 224

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Strategic product segmentation, sourcing and inventory management. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. In 2021 it is an entirely new game.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. We know the future of supply chain is fully transparent, digital, connected, and sustainable.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 156

QAD

AUGUST 12, 2021

Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials. Lean techniques have played a key role over the years to improve operational performance and save money.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? We are targeting much improved end-to-end planning in response to multiple demand sources.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. What is a lean supply chain? Why retailers are creating lean supply chains.

Agile and Lean Supply Chain 52

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

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Manufacturing Procurement 52

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. There must be a clearly defined data source with a standardized process for collecting and measuring that data. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs. Sales KPIs.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

QAD

MARCH 9, 2023

Continual disruption is now the new normal, and it’s weighing on profitability and making it difficult for many companies to maintain lean, agile operations. Manufacturers had the flexibility to search for the lowest possible cost unit and could afford to run lean supply chains. That means looking at the right metrics.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? Most systems are flexible enough to merge data from external sources into the algorithm architecture.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 150

QAD

APRIL 13, 2023

In an effort to address drug shortages, the FDA is proposing a voluntary phase of a quality metrics reporting program to learn more about a limited set of quality metrics and associated analytics. How are manufacturers keeping up with demand while navigating workforce shortages and new regulatory and quality requirements?

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100