GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

SEPTEMBER 13, 2022

In the process, these enterprises have adopted policies to reduce greenhouse gas emissions or even become net-zero emitters. Thus, organizations must make sure that data are complete, accurate, timely, and consistent as well as capture the required metrics. Next, the enterprise can set targets.

Cost Reduction Strategies 233

Cost Reduction Strategies Supply Chain Planning Software GEP Supply Chain Network Software 233

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Tie policy to action.

Supply Chain Planning Software 319

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

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Logility

MARCH 21, 2024

A fine-tuned generative AI assistant will automatically generate this data for the analyst before the meeting, freeing the analyst to focus on interpreting the latest metrics and planning. To do this, they override their initial optimized plan and set inventory policies to reduce stock by a small percentage.

Optimal Sourcing 222

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 222

Supply Chain Insights

JUNE 1, 2017

When asked what stage in the end-to-end supply chain process maturity they were in, most people in the course said their companies were good at transactional efficiency, and were currently focused on data sharing, moving to policy development (see Figure 1). End-to-End Supply Chain Maturity Stages. Orbit Chart for Dollar Tree.

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 269

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 269

TransAudit

DECEMBER 13, 2023

Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains. Recommendations: Collaborate with sustainability and finance to align on relevant circular metrics. Turn policy constraints into innovation opportunities for localization.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

TMC

NOVEMBER 18, 2015

Keeping an eye on changes in government policies is another important detection activity, which often falls under the umbrella of a centralized corporate function such as Legal or Compliance. Shifts in government policy can be immensely disruptive, especially when they occur with little or no warning.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software 67

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 145

Benchmarking Metrics Manufacturing Six Sigma 145

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 144

Benchmarking Metrics Manufacturing Six Sigma 144

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning 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. It’s a set of practices that organizations use to limit negative impacts or increase positive impacts on the environment, society, and governance bodies.

Supply Chain Strategy 248

Supply Chain Strategy Waste Reduction Cost Reduction Strategies Supply Chain 248

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Weathering the Trade Policy Storm. Protectionist trade policies are also causing companies to shift their country sourcing practices, and there is no reason to believe that we will see geopolitical posturing along the trade front fade soon. The new normal in global trade policy is a stormy environment that is highly unpredictable.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logility

AUGUST 15, 2023

Recognizing supply chain resiliency also depends on meeting compliance standards, companies leverage the platform to gain well-rounded multi-tier visibility into supplier adherence to internal company policies and government mandates. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Logility

JANUARY 26, 2022

Reporting will need to reveal such information as total volume of material produced, carbon emissions, water consumption and pollution, chemical usage, storage, and disposal practices, median wages, and measures for responsible company conduct embedded in policies and management systems.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. He played a key role in developing the Global CSR policy and defining the Group’s environmental strategy. Acting for People. million gallons of SAF this year. MORE FROM THIS EDITION.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

The Smart Software

OCTOBER 2, 2023

For that, your inventory software should show you metrics – and not just one, but a full set of metrics or KPI’s – Key Performance Indicators. Dealing with the day-to-day of inventory management can keep you busy. But you know you have to get your head up now and then to see where you’re heading. The post How Are We Doing?

Inventory Management Software 105

Inventory Management Software Metrics Supply Chain Planning Software Forecasting Software 105

Logility

DECEMBER 14, 2021

Supply chain governance integrates coordination of operations and ensures that the proper policies are implemented and controlled. It means taking intentional actions to affect partner relationships. Mechanisms for governance can include contracts, standards, mechanisms for reporting, and social bonds.

Supply Chain Planning Software 196

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 196

Unleashed

JULY 2, 2024

This ensures that purchases are authorised, budgeted for, and comply with internal policies and procedures. Facilitates regulatory compliance Controlled purchase order management ensures your business companies with regulatory requirements and internal policies.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

Taulia

SEPTEMBER 19, 2024

Grassroots efforts are just as crucial as corporate policies, and CFOs have a vital role to play in creating a greener and more ethical economy for everyone. These performances are captured in data-led metrics and analyses produced by companies such as EcoVadis.

Sustainability 52

Sustainability Demand Planning Software Supply Chain Software Supply and Demand 52

Jaggaer

OCTOBER 23, 2024

JAGGAER maintained its commitment to a flexible working culture and introduced a Working from Abroad Policy. We developed metrics to track progress toward DE&I goals. In the UK, Ireland, and Nordics, we launched a Mental Health & Wellbeing platform, led by employee volunteers.

Sustainability 52

Sustainability Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

QAD

MARCH 9, 2023

That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk. Invariably times of high-inflation are followed by times of higher interest rates as central banks around the world tighten their monetary policy and increase the cost of funding. What About Cash?

Agile and Lean Supply Chain 98

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

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. The blueprints serve as a foundation for change management, documenting current processes in an “as-is” form and gathering requirements to define the desired “to-be” state.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Actively design your supply chain to focus on the management of variability and implement inventory buffer policies. In times of uncertainty, cash is king.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

Resilinc

NOVEMBER 1, 2022

tensions with China boiled over into policies and restrictions that will fundamentally reshape semiconductor value chains and the myriad types of products that require chips. They are all rated strong performers by their customers across operational metrics including business continuity planning and reliability.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Network Software Metrics Demand Planning Software 62

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility. Another notable project launch is the DB Schenker’s digital twin. This allows customers to reduce or compensate for CO2 emissions along the entire supply chain. supply chain.

Singapore 246

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

Logility

JULY 31, 2023

This method involves generating and examining scenarios based on altering key variables, like demand changes, supply disruptions , market shifts, and policy adjustments. Digital solutions like Logility can monitor these metrics in real time, facilitating a more proactive and responsive sales and operations process.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Huawei was placed on the Entity List, a US trade blacklist, in 2019 to reduce the sale of US goods to the company amid national security and foreign policy concerns.

Logistics Network Optimization Software 236

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 236

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Companies can win with an IT standardization policy. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

SYSPRO Smarter ERP

OCTOBER 30, 2023

A quality management system should keep track of changes to policies and procedures, and provide reports on anything related to the quality management process. Predefined metrics should be established for this inspection so that a pass/fail rating can be given.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

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

Supply Chain Insights

JULY 22, 2016

Today our first course, Supply Chain Metrics That Matter, is ready for sale. The seven courses currently in joint development between CorpU and Supply Chain Insights are: Supply Chain Metrics That Matter. Improve the metrics that matter on the balance sheet? The development is complete. How can they shift and drive value?

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Supply Chain Planning 110

Logility

APRIL 29, 2021

Know your vendors and apply consistent policies and procedures. Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding. Compliance is an ongoing challenge for businesses today.

Optimal Sourcing 199

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 199

Kinaxis

DECEMBER 6, 2017

Establishing new customer or supplier relationships brings with it all the data elements like order policies, cost and lead times, all of which are error prone. There are companies that have found a way to interrogate their data with standard data integrity processes, views and metrics. New supply chain relationships. Things change!

Supply Chain Planning Software 177

Supply Chain Planning Software Supply Chain Planning Scenario Planning Data 177