Logistics Viewpoints

OCTOBER 14, 2024

During my current supply chain planning market research, I have received briefings from several SCP companies. Solvoyo has a metric they call the user acceptance rate. You manufacture stuff. All are investing in artificial intelligence. Autonomous planning is a type of planning that takes humans out of the planning loop.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 238

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

SEPTEMBER 28, 2022

The manufacturing-centric company is used to strangling suppliers and demanding terms. The low Return on Invested Capital (ROIC) and the growth below the industry average comes from the lack of network design and organizational alignment between new product development, manufacturing, and procurement. So, you might ask, why?

Manufacturing Procurement 195

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

Unleashed

MAY 7, 2024

Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. Implementing sustainable practices in your manufacturing operations not only protects valuable resources but can lead to financial savings and increased brand reputation. What is sustainable manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Supply Chain Shaman

JULY 6, 2020

Frank, the line manager for manufacturing, dominated the meetings. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. Strong manufacturing organizations do not make the most effective manufacturers.

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 Digest

APRIL 8, 2024

Research from the Manufacturing Alliance with Interesting Survey Data

Metrics 32

Metrics Manufacturing Survey Supply Chain 32

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Despite being hit hard by the recent recession, overall the research shows that these two industries have fared well over the last decade and are positioned to continue that success. by CJ Wehlage.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

Supply Chain Design Software 243

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

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Connecting the supply chain with Cloud ERP for tracking and traceability.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Optimization engines to improve functional metric performance resulted in an exploding number of planners.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

The Logistics of Logistics

JUNE 14, 2024

Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Summary: Solving the $1.8 In his free time, he likes to snow ski, compete with his spin cycle buddies, and travel with his family.

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

The Logistics of Logistics

SEPTEMBER 15, 2023

Jonathon and Sarah are partners in PATH , a supply chain market research and business management firm that helps businesses understand their customers, employees, and the market better to drive long-term growth. Jonathon McKay , Sarah Ahern , and Joe Lynch discuss how exceptional companies grow.

Price Reduction 225

Price Reduction Company Supply Chain Strategy Logistics Network Optimization Software 225

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. The topic of the meeting was the logistics to launch of the AMR Research Top 25. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. I have found this to be true when working with many different manufacturers. Metrics for Action. These Metrics for Action are not intended for overall business analysis.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Supply Chain Shaman

SEPTEMBER 3, 2018

According to my research, top-performing supply chains possess three very different qualities. To help the reader, let’s start with definitions used in our research: Efficiency. In Table 1, from our research, I share ten tactics to consider. Reward teams for cross-functional metrics. What did we find?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Unleashed

NOVEMBER 16, 2022

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

Logistics Viewpoints

FEBRUARY 14, 2022

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. D’Aquila is a director of research at ARC. The report identified the leaders and highlighted best practices. This is the inaugural edition of the report.

Supply Chain Design Software 211

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 211

Locus Robotics

DECEMBER 22, 2020

Most manufacturers that had plans to digitize in the future were hard-hit with manual changes. Manually changing processes to accommodate new manufacturing. Investments and research have been paving the way to a robotic future, and the pandemic is just the latest catalyst for digital transformation, according to Gartner.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Supply Chain Software Supply Chain Planning Software 98

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. 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

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. are most exposed to risk?

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 262

Logility

AUGUST 7, 2023

There are simple metrics, which indicate the linkage between parts availability and additional sales. According to research by Peter Kriss , the increase of customer satisfaction score from 7 to 8 in transactional business gives 30% more revenue per customer.

Customer Service 211

Customer Service Supply Chain Planning Software Logility Optimization Software 211

Logistics Viewpoints

DECEMBER 15, 2022

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. Since there are often differences in store sizes, a metric representing the size can be added as well for a two-dimensional clustering approach. Asena holds B.S.

Optimal Sourcing 215

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 215

Arena Solutions

NOVEMBER 17, 2022

It’s getting harder for product manufacturers to compete successfully in today’s global economy. According to research, approximately 40% of developed products do not meet their commercialization targets 1 , 2. Design for manufacturability (DFM) issues. And only 55% of product launches take place on schedule 3.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Manufacturing 98

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. What is supply chain visibility?

Supply Chain Visibility 313

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 313

Enterra Insights

MAY 22, 2019

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

Manufacturing Procurement 100

Manufacturing Procurement Manufacturing Data Prescriptive Analytics Software 100

OptiProERP

NOVEMBER 21, 2022

2022 has proven to be both positive and disruptive for the manufacturing industry. Despite the pandemic, recession fears, supply challenges, a tight labor market, and economic instability, manufacturing companies continue to survive and evolve in the “new normal.”. helped transform many manufacturing businesses. Industry 4.0

Trends 52

Trends Manufacturing Predictive Analytics Software Supply Chain Software 52

QAD

JUNE 18, 2019

Manufacturers can miss opportunities to adapt due to their lack of speed in responding to disruptive forces, under-investing in new growth areas or applying existing business models to new markets. How will Manufacturers Survive Disruption? It’s all about how manufacturers are able to prepare themselves for future change.

Resource Reduction 111

Resource Reduction Supply Chain Planning Software Modeling Software Manufacturing 111

SYSPRO Smarter ERP

MAY 2, 2022

Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Manufacturers need to become data-driven and this can be done with Business Intelligence.

Supply Chain Design Software 111

Supply Chain Design Software Analytics Software Demand Planning Software Supply Chain Network Software 111

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. In 2004, my research showed a bell curve of innovators and laggards. Measurement. Innovation.

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 394